The British multinational financial giant, Standard Chartered, announced the launch of a new entity in Luxembourg to provide crypto custody services on 9 January 2025. The Luxembourg entity will enable…
Crypto
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Crypto
Thailand’s Crypto Ambitions Faces Hurdles as Phuket Payment Pilot Looms
by Andrew Grantby Andrew GrantThailand’s finance minister, Pichai Chunhavajira, has made some positive comments regarding the wider adoption of digital asset payments in the kingdom, but several hurdles remain. On Jan. 8, Mr Pichai…
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Crypto
Vitalik Buterin warns of AI risks while highlighting new opportunities
by Andrew Grantby Andrew GrantFrom mecha suits for the mind to agentic interfaces, the Ethereum visionary weighs in. Ethereum (ETH) co-founder Vitalik Buterin has lately expressed both hope and caution on artificial intelligence. He…
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Crypto
Phantom faces backlash for allegedly misleading investors over Ace of AI partnership
by Andrew Grantby Andrew GrantKey Takeaways Phantom faced criticism after Ace of AI announced a supposed partnership, causing investment in ACE. Clarification by Phantom that it was not an official partnership led to ACE…
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Mastercard has launched Crypto Credential solution for the people of UAE and Kazakhstan in the EEMEA region. Cumbersome and complicated blockchain addresses have finally been relegated to the crypto graveyard.…
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Crypto
Bhutan’s GMC to Recognize Bitcoin, Ether, and BNB in Strategic Reserve
by Andrew Grantby Andrew GrantBhutan’s newly established Special Administration Region – Gelephu Mindfulness City (GMC) – announced plans to recognize digital assets such as Bitcoin (BTC), Ether (ETH), and Binance Coin (BNB) as part…
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Offchain Labs has announced it hired Ira Auerbach, the former head of digital assets at Nasdaq, to lead its new venture capital arm, Tandem. The Offchain Labs team is a…
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Crypto
Solana ETF approval unlikely in US soon says Sol Strategies CEO
by Andrew Grantby Andrew GrantKey Takeaways Sol Strategies CEO Leah Wald told Blockworks she anticipates delays in US approval of a Solana ETF, citing regulatory challenges. Canada may approve a Solana ETF before the…
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Crypto
China Bets Big On Blockchain: New National Data Infrastructure Aims To Fuel Digital Economy
by Andrew Grantby Andrew GrantChina has announced its blockchain national data infrastructure, a state-backed framework designed to leverage blockchain technology for managing and processing data across various sectors. This initiative is a part of…
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Crypto
Bitcoin Price Loses $10K in 2 Days After Dropping Below $92K: Where Is the Bottom?
by Andrew Grantby Andrew GrantIt has taken just over 48 hours for the primary cryptocurrency to erase all gains registered since the start of the year and dumped below $92,000. The altcoins have also…